Question

Charan purchased a mobile phone and a refrigerator for RS 15,400 and RS 19,600 respectively. He sold mobile phone for a profit of 15 percent and the refrigerator for a loss of 20 percent. What is his overall loss/profit?

Answer 1

C. P. of mobile = Rs 15400

Profit %= 15

Profit = 15/100*15400= Rs 2310

C. P. Of refrigerator= Rs 19600

Loss%= 20

Loss = 20/100*19600=Rs 3920

As,

Loss >Profit

He faced overall Loss

Overall loss=Rs 3920-Rs2310

= Rs 1610